NETC FASTag Acquirer Bank Transactions...
The NETC FASTag Acquirer Bank Transactions Approved/BD/TD Statistics dataset is a collection of data on the percentage of transactions that were approved, declined due to technical reasons, declined due to business reasons, and the total number of approved transactions for NETC FASTags at different acquirer banks. The data is collected from the National Electronic Toll Collection (NETC) system and is updated on a monthly basis.
The dataset includes the following information: - The name of the acquirer bank - The percentage of approved transactions - The percentage of transactions declined due to technical reasons - The percentage of transactions declined due to business reasons - The total number of approved transactions - The month in which the transactions were processed
The dataset can be used to track the performance of different acquirer banks in the NETC FASTag program, to identify the most common reasons for transactions being declined, and to assess the effectiveness of the NETC program.
Data Dictionary
- ID
- id
- Type
- numeric
- Label
- index
- ID
- month
- Type
- date
- Label
- Month
- ID
- acquirer_bank
- Type
- text
- Label
- Acquirer Bank
- ID
- transaction_volume
- Type
- numeric
- Label
- Number of Transactions
- ID
- approved_percent
- Type
- numeric
- Label
- Approved Transactions (%)
- ID
- bd_percent
- Type
- numeric
- Label
- Business Decline (BD)
- ID
- td_percent
- Type
- numeric
- Label
- Transaction Decline (TD)
Additional Information
| Field | Value |
|---|---|
| Data last updated | October 6, 2023 |
| Metadata last updated | August 22, 2024 |
| Created | October 6, 2023 |
| Format | CSV |
| License | No License Provided |
| Additional info | Glossary:Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc. |
| Data extraction page | https://www.netc.org.in/netc-ecosystem-statistics |
| Data insights | The dataset can be useful for researchers, policy makers, and journalists who are interested in the performance of different acquirer banks in the NETC FASTag program and the effectiveness of the NETC program. The insights that can be gained from the dataset include:- The percentage of approved transactions for NETC FASTags has been growing steadily in recent years- The State Bank of India is the acquirer bank with the highest percentage of approved transactions, followed by HDFC Bank and ICICI Bank.- Whether the percentage of transactions declined due to technical reasons has been declining in recent years?- Whether the percentage of transactions declined due to business reasons has been increasing in recent years? |
| Data last updated | 2023-07-01 00:00:00 |
| Data retreival date | 2022-07-01 00:00:00 |
| Datastore active | True |
| Frequency | Monthly |
| Granularity | Bank |
| Has views | True |
| Id | c67c7b54-c8ea-46fa-868e-d645964c7234 |
| Idp ready | True |
| Lgd mapping | na |
| Methodology | The data is collected from the National Electronic Toll Collection (NETC) system |
| No indicators | 4 |
| Package id | 150fe363-f61f-41f2-9215-15f61358f427 |
| Position | 0 |
| Size | 5.3 KiB |
| Sku | npci-netc_acquirer_bd_td-in-mn-akz |
| State | active |
| Url type | upload |
| Years covered | 01-09-2021 to 31-07-2022 |
| Methodology | The data is collected from the National Electronic Toll Collection (NETC) system |
| Indicators | |
| Similar Resources | |
| Granularity Level | Bank |
| Data Extraction Page | https://www.netc.org.in/netc-ecosystem-statistics |
| Data Retreival Date | 2022-07-01 00:00:00 |
| Data Last Updated | 2023-07-01 00:00:00 |
| Sku | npci-netc_acquirer_bd_td-in-mn-akz |
| Dataset Frequency | Monthly |
| Years Covered | 01-09-2021 to 31-07-2022 |
| No of States/UT(s) | |
| No of Districts | |
| No of Tehsils/blocks | |
| No of Gram Panchayats | |
| Additional Information | Glossary:Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc. |
| Number of Indicators | 4 |
| Insights from the dataset | The dataset can be useful for researchers, policy makers, and journalists who are interested in the performance of different acquirer banks in the NETC FASTag program and the effectiveness of the NETC program. The insights that can be gained from the dataset include:- The percentage of approved transactions for NETC FASTags has been growing steadily in recent years- The State Bank of India is the acquirer bank with the highest percentage of approved transactions, followed by HDFC Bank and ICICI Bank.- Whether the percentage of transactions declined due to technical reasons has been declining in recent years?- Whether the percentage of transactions declined due to business reasons has been increasing in recent years? |
| IDP Ready | Yes |
| LGD Mapping | Not Applicable |